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NatWest E-ISA over 50 allowance

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Comments

  • petunia987
    petunia987 Posts: 4 Newbie
    7 mins past midnight so it's now 6th October but having tried to transfer the top-up amount from my current account to my Cash ISA Plus, Natwest online still says it's not possible as it would take me over the limit...ho hum :mad:
  • kathjone
    kathjone Posts: 8 Forumite
    Part of the Furniture Combo Breaker
    Yes i have just tried to top up and message comes up that i've exceeded my annual limit - i am 56 years old. I rang last week and was told that you would be able to top up on the 6th but i could have placed a sure bet that this wouldn't happen as my faith in the NatWest has somewhat diminished since opening this E Isa account. Their right arm doesn't know what their left arm is doing!
  • petunia987
    petunia987 Posts: 4 Newbie
    Glad to say that I have now topped up online! Natwest computers now accept it's 6th October!
  • Baldur
    Baldur Posts: 6,565 Forumite
    petunia987 wrote: »
    Glad to say that I have now topped up online! Natwest computers now accept it's 6th October!
    They probably don't expect over 50s to be up before 9 a.m. ;)
  • EdGasket
    EdGasket Posts: 3,503 Forumite
    I have also successfully transferred a further £1500 into the NatWest EISA online
  • kathjone
    kathjone Posts: 8 Forumite
    Part of the Furniture Combo Breaker
    I have now been sucessful in topping up my E Cash ISA!
  • storminmike
    storminmike Posts: 45 Forumite
    I've added 1500online too...subject to the system not rejecting it that is
  • mighty_hammers
    mighty_hammers Posts: 138 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    I have just been into the nationwide and was told you could not invest extra allowance until after your 50th bday. i too was under the impression it was after the 6th october.
  • Baldur
    Baldur Posts: 6,565 Forumite
    mighty_hammers wrote: »
    I have just been into the nationwide and was told you could not invest extra allowance until after your 50th bday. i too was under the impression it was after the 6th october.
    It is after the 6th October - Nationwide obviously haven't read the HMRC ISA Bulletin - http://www.hmrc.gov.uk/isa/bulletin14.htm
    From 6 October 2009, the ISA subscription limit will increase to £10,200 for anyone eligible to invest in an ISA who was born on or before 5 April 1960 (that is, who will be aged 50 or over during the current tax year). Up to £5,100 of the new ISA allowance can be saved in a cash ISA with one provider.
  • THEMITUD
    THEMITUD Posts: 8 Forumite
    I have now topped up my NatWest E-ISA and all seems OK.
    Thanks to every one who helped with this query.
This discussion has been closed.
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